News Snapshot:
Not so fast. A look under the data hood reveals important qualifications. First, the overall volume of Chinese exports has not receded from its post-lockdown highs. Not only that, but as the volume of global imports has declined over the same period, this implies an increase in China’s global export share. How does this square with news about increased export penetration – that is, friend-shoring of supply chains to countries like Mexico and Vietnam? Well, those countries have imported a lot more from China – their higher trade surpluses with the US have, to a significant extent, been offset by...
News Timeline:
Track the development of related news across the Internet.
July 16, 2023
14:14
Yellen eyes defusing China tensions, but lifting tariffs ‘premature’
Source: afr.com
July 13, 2023
06:58
Trade between the US and China is drying up. That could be bad news for American consumers.
Source: ca.finance.yahoo.com
May 25, 2023
10:45
De-risking, taken too far, will lead to fragmented and decoupled world economy: Lawrence Wong
Source: straitstimes.com
